Operating Company Manufacturing

Milton Industries

Chicago, Illinois, United States

Established in 1943, Milton Industries is the provider of professional-grade pneumatic tool accessories, selling a line of air tool accessories including couplers, plugs, fittings, filters, regulators, lubricators, blowguns, hose and other accessories. The company serves vehicle service and industrial/aftermarket customers.

Focus Areas
Pneumatic tool accessories, Precision pneumatic and hydraulic accessories, Industrial tool accessories

Tracked deals

4

4 tracked deals across 2019-2023.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

3 buyout · 1 addon

Milton Industries Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Milton Industries. 1 2019 2 2022 1 2023

Supporting Data

Recent Transactions

  • Buyer
    Milton Industries, Levine Leichtman Capital Partners
    Target
    Steck Manufacturing Company
    Industry
    Manufacturing
    Type
    Addon

    Milton Industries, backed by financial sponsor Levine Leichtman Capital Partners (LLCP), has acquired Steck Manufacturing Company, a Dayton, Ohio-based maker of specialty hand tools for the automotive aftermarket, collision repair, lockout and towing markets. The deal is an add-on to Milton's vehicle aftermarket platform intended to expand its product offerings, distribution reach and end-market presence.

  • Buyer
    Milton Industries, Levine Leichtman Capital Partners (LLCP)
    Target
    ProMAXX Tool
    Industry
    Manufacturing
    Type
    Buyout

    Chicago-based Milton Industries, in partnership with financial sponsor Levine Leichtman Capital Partners (LLCP), has acquired ProMAXX Tool, a designer and manufacturer of on-the-vehicle exhaust manifold repair kits and specialty hand tools. The acquisition expands Milton's product offering and market channels in the automotive and heavy-duty truck aftermarket; ProMAXX's founder Jeff Del Rossa will lead Milton's Specialty Tool Group.

  • Buyer
    Milton Industries
    Target
    Lock Technologies (LTI Tools), Casey Tools
    Seller
    Wayne Casey, Ellery Casey
    Industry
    Manufacturing
    Type
    Buyout

    Milton Industries has acquired Lock Technologies (designer and manufacturer of the LTI Tools brand) and the Casey Tools brand, both based in Naperville, Illinois. The deal expands Milton's product lineup and distribution channels into specialty automotive and technician tools; Wayne and Ellery Casey (the sellers) will remain involved in transition roles and retain/receive equity positions.

  • Buyer
    Levine Leichtman Capital Partners, Milton management
    Target
    Milton Industries, Inc.
    Industry
    Manufacturing
    Type
    Buyout

    Levine Leichtman Capital Partners (LLCP) partnered with Milton Industries' management to acquire Milton Industries, a Chicago-based manufacturer of pneumatic tools and accessories. Milton offers over 1,600 SKUs serving vehicle service, industrial MRO, aerospace & defense and agriculture; the deal is the sixth investment from LLCP's Lower Middle Market Fund.

Related Acquisition Pages

Selling a company? Get in front of buyers like Milton Industries

Turn tracked acquisition activity into an outreach-ready buyer list.